1.

Record Nr.

UNINA9910348236603321

Autore

Smith Peter (Peter C.)

Titolo

Formula funding of public services / / Peter C. Smith

Pubbl/distr/stampa

New York : , : Routledge, , 2006

ISBN

1-134-22984-4

1-134-22985-2

1-280-56700-7

9786610567003

0-203-01302-6

Descrizione fisica

1 online resource (193 p.)

Collana

Routledge studies in Business Organizations and Networks ; ; 41

Disciplina

352.48

363.6068/1

363.60681

Soggetti

Municipal services - Finance

Resource allocation

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Book Cover; Half-Title; Series-Title; Title; Copyright; Contents; Figures; Tables; Boxes; Preface; Acknowledgements; 1 Setting the scene; 2 Formula funding within a public finance framework; 3 The elements of formula funding; 4 Formula funding: a production function perspective; 5 Empirical methods; 6 Budgetary risk and formula funding; 7 Paying for quality: The case of UK general practitioners; 8 The political economy of formula funding; 9 Concluding comments; Technical appendix A: Some mathematics of risk pooling; Technical appendix B: Calculating measures of local health care supply

ReferencesIndex

Sommario/riassunto

The use of formulae has become widespread in recent years across most developed countries. In the UK, a conservative estimate is that annually £150 billion of public service expenditure is distributed using formulae, in services such as health care, local government, social security and higher education. This book offers a comprehensive



introduction to the theory and practice underlying the use of such formulae as a basis for funding public services. The philosophy, design and economic consequences of funding formulae have become key policy issues worldwide. However, till now,